05: Product Research – Part 3: How To Calculate Your Profit

Are you ready to stop wasting time, and start maximizing your energy? Then you are going to need the right tools to help you out. Here at Actualize Freedom, we have gathered all of the best market research tools and hacks so that you can start your new e-commerce business quickly and efficiently. This is Part 3 of our Product Research series. Make sure you have listened to Parts 1 and 2 before moving on!

One of our favorite time-saving tools is a Profit Calculator. It is a simple excel spreadsheet that will allow you to quickly and effortlessly see where your money is going and if a product will actually allow you to turn a profit. Look into our Keystone Pricing Model to ensure that you are pricing products well. While you are using these tools and putting in the hard work to start your business, don’t forget to take care of yourself. Have a steady exercise routine to make sure you are at top performance.

Make sure that you take action after you’ve listened to this episode. We’ve gathered the resources and given you our best mindset practices. Now you can optimize your life and prioritize your freedom.